Babylon Proposes Lower Bitcoin Staking Fees

AI Summary:

Babylon, the Bitcoin staking protocol, has launched a governance proposal to modify the Babylon Genesis chain parameters. The key change? Reducing the unbinding fee in phase 2 from 100 sats/vbyte to 30 sats/vbyte—a move aimed at making staking more cost-effective.

Voting is live now

Ends: Monday, April 21, 2025, at 7 a.m. UTC

This proposal could significantly lower the barrier for stakers and boost participation in the ecosystem.

#Bitcoin #BabylonStaking #CryptoGovernance #BTCStaking #Web3Update

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